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The residential and commercial security market is forecasted to grow by USD 47.79 billion during 2024-2029, accelerating at a CAGR of 7.3% during the forecast period. The report on the residential and commercial security market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising crime rates and security concerns, growing urbanization and smart infrastructure development, and increasing disposable income and insurance incentives.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The residential and commercial security market is segmented as below:
By Product
- Surveillance systems
- Access control systems
- Software
By Technology
- Wired systems
- Wireless systems
- Cloud-based solutions
- AI and analytics
By Type
- New installations
- Retrofit installations
- Portable systems
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the residential and commercial security market covers the following areas:
- Residential And Commercial Security Market sizing
- Residential And Commercial Security Market forecast
- Residential And Commercial Security Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Technology
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global residential and commercial security market: ADT Inc., Allegion Public Ltd. Co., Arlo Technologies Inc., ASSA ABLOY AB, Axis Communications AB, Dahua Technology Co. Ltd., Godrej and Boyce Manufacturing Co. Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., Hangzhou Xiongmai Technology Co. Ltd, Honeywell International Inc., LG Electronics Inc., Panasonic i-PRO Sensing Solutions Co. Ltd., PRAMA HIKVISION INDIA PVT LTD, Robert Bosch GmbH, Sony Group Corp., Stanley Black and Decker Inc., Tyco International PLC, Vivint Inc., and Zicom Saas Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is ai and video analytics revolution."
According to the report, one of the major drivers for this market is the rising crime rates and security concerns.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADT Inc.
- Allegion Public Ltd. Co.
- Arlo Technologies Inc.
- ASSA ABLOY AB
- Axis Communications AB
- Dahua Technology Co. Ltd.
- Godrej and Boyce Manufacturing Co. Ltd.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Hangzhou Xiongmai Technology Co. Ltd
- Honeywell International Inc.
- LG Electronics Inc.
- Panasonic i-PRO Sensing Solutions Co. Ltd.
- PRAMA HIKVISION INDIA PVT LTD
- Robert Bosch GmbH
- Sony Group Corp.
- Stanley Black and Decker Inc.
- Tyco International PLC
- Vivint Inc.
- Zicom Saas Pvt. Ltd.